KAITO, the native token of the InfoFi protocol, fell 20% following X's announcement to block apps that reward users for posting on its platform. X's Head of Product cited issues with AI-generated spam as the reason for revising their developer API policies and revoking access. Developers affected are encouraged to transition their businesses to alternative platforms like Threads and Bluesky.
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[IMPORTANT] KAITO Token Drops 20% After X Blocks InfoFi Apps to Combat Spam
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